Bangladesh: Berry Market 2024

Berry Market Size in Bangladesh

The Bangladeshi berry market dropped dramatically to $X in 2022, reducing by X% against the previous year. Overall, consumption recorded a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Berry Production in Bangladesh

In value terms, berry production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of berries in Bangladesh skyrocketed to X tons per ha in 2022, growing by X% against 2021 figures. Overall, the yield, however, continues to indicate a dramatic curtailment. Over the period under review, the average berry yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the berry harvested area in Bangladesh contracted notably to X ha, declining by X% compared with 2021. In general, the harvested area, however, posted a significant expansion. Over the period under review, the harvested area dedicated to berry production reached the maximum at X ha in 2021, and then contracted rapidly in the following year.

Berry Exports

Exports from Bangladesh

In 2022, the amount of berries exported from Bangladesh skyrocketed to X tons, rising by X% on 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, berry exports skyrocketed to $X in 2022. Overall, exports recorded prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for berry exports from Bangladesh, accounting for a X% share of total exports. Moreover, berry exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Canada (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for berries exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average berry export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced a decline.

Berry Imports

Imports into Bangladesh

After two years of growth, purchases abroad of berries decreased by X% to X tons in 2022. Over the period under review, imports recorded a mild slump. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, berry imports shrank significantly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Egypt (X tons), Myanmar (X tons) and India (X tons) were the main suppliers of berry imports to Bangladesh, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest berry suppliers to Bangladesh were Myanmar ($X), Egypt ($X) and Australia ($X), with a combined X% share of total imports.

Among the main suppliers, Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average berry import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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